WRBY stock icon

Warby Parker
WRBY

$13.10
3.25%

Market Cap: $1.57B

 

About: Warby Parker Inc is engaged in designing and developing designer prescription glasses and contacts, and providing the facility of eye exams and vision tests. The company predominantly derives revenue from the sales of eyewear products, optical services, and accessories. The firm sells products and services through its stores, website, and mobile apps. Revenue generated from eyewear products includes the sales of prescription and non-prescription optical glasses and sunglasses, contact lenses, eyewear accessories, and expedited shipping charges.

Employees: 3,491

0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

111% more repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 37

68% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 28

23% more capital invested

Capital invested by funds: $1.26B [Q1] → $1.55B (+$287M) [Q2]

11% more funds holding

Funds holding: 168 [Q1] → 187 (+19) [Q2]

3.04% more ownership

Funds ownership: 94.22% [Q1] → 97.27% (+3.04%) [Q2]

7% more call options, than puts

Call options by funds: $30.7M | Put options by funds: $28.6M

0% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$15
15%
upside
Avg. target
$17.83
36%
upside
High target
$20
53%
upside

6 analyst ratings

positive
67%
neutral
33%
negative
0%
Piper Sandler
Anna Andreeva
43% 1-year accuracy
20 / 46 met price target
37%upside
$18
Overweight
Assumed
23 Aug 2024
JMP Securities
Nicholas Jones
63% 1-year accuracy
41 / 65 met price target
53%upside
$20
Market Outperform
Upgraded
23 Aug 2024
Stifel
Jim Duffy
67% 1-year accuracy
26 / 39 met price target
15%upside
$15
Hold
Maintained
9 Aug 2024
Telsey Advisory Group
Dana Telsey
39% 1-year accuracy
66 / 171 met price target
45%upside
$19
Outperform
Maintained
8 Aug 2024
Telsey Advisory Group
Dana Telsey
39% 1-year accuracy
66 / 171 met price target
45%upside
$19
Outperform
Maintained
1 Aug 2024

Financial journalist opinion